Listing provided courtesy of EPIQUE REALTY, INC.as Distributed by MLSGrid- MLS# MFRC7522462MLS Provider

528 SE 5TH PLACECAPE CORAL, FL 33990

Multi-Family · 6 Beds · 2,418 Sq. ft. | 0.34 Acres
$520,000 Active

528 SE 5TH PLACE Overview

Time on Site:
124 days
Visits:
0

ASSUMABLE MORTGAGE - NO FLOOD INSURANCE REQUIRED - NO HOA - Rare Opportunity with Exceptional Rental Potential! This fully updated duplex offers a 3.375% assumable interest rate, making it an outstanding investment or owner-occupant opportunity in today’s market. Both units have been completely renovated with high-end upgrades well beyond builder grade, offering modern finishes, quality materials, and move-in-ready condition throughout. The property sits on a large corner lot in Flood Zone X, meaning NO flood insurance is required, and features a spacious fenced backyard with plenty of room to add a pool, plus a new Amazon shed for additional storage. The current owner occupies one unit and the other unit has been used by family, so no rental income is reflected and the property has not been operated as a traditional rental—providing a blank slate for the next owner to maximize income potential. Unit 526 includes a garage conversion into additional air-conditioned living space, which can easily be converted back to a garage if desired. With its assumable low-interest loan, premium upgrades, flexible layout, and strong rent potential, this is a rare find for investors or buyers looking to offset their mortgage. SELLER IS MOTIVATED! Properties like this do not last—reach out today to learn projected rental numbers and explore all the possibilities this duplex offers.

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528 SE 5TH PLACE Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,418
  • Price/Sq.ft. $215
  • Lot 0.34 Acres

Details

General

Association/HOA

  • Association: No

Building Information

  • New Construction: No
  • Year Built: 2020

Location/Region

  • Country: US
  • County Or Parish: Lee
  • MLS Area Major: 33990 - Cape Coral
  • Subdivision Name: CAPE CORAL
  • Township: 44

Tax Information

  • Tax Annual Amount: 8367.05
  • Tax Year: 2025

General Information

  • Listing Terms: Assumable,Cash,Conventional,FHA,VA Loan
  • Ownership: Fee Simple
  • Parcel Number: 13-44-23-C3-01142.0710
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None
  • Zoning: RML

Interior

Parking Information

  • Garage Spaces: 2
  • Garage: Yes

Beds/Baths

  • Bathrooms Total: 4
  • Bedrooms Total: 6

Building Interior

  • Building Area Units: Square Feet

General Information

  • Appliances: Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Washer
  • Cooling: Central Air
  • Fireplace: No
  • Foundation Details: Slab
  • Heating: Central
  • Interior Features: High Ceilings,Living Room/Dining Room Combo,Open Floorplan,Primary Bedroom Main Floor
  • Laundry Features: Inside
  • Living Area: 2418
  • Living Area Source: Public Records
  • Living Area Units: Square Feet

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 0.34
  • Lot Size Dimensions: 120x125
  • Lot Size Square Feet: 14854
  • Road Surface Type: Asphalt
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: Yes
  • Construction Materials: Stucco
  • Roof: Shingle

General Information

  • Carport: No
  • Exterior Features: Storage
  • Number Of Units Total: 2
  • Pool Private: No
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Connected,Phone Available,Sewer Connected,Water Connected

528 SE 5TH PLACE Neighborhood

Community

33990 (CAPE CORAL) Demographics

48
Median Age
3,084
Population Density (per sq. mile)
31%
College Educated
$61,019
Estimated Median Income
9,069
Estimated Total Home Owners
3,268
Estimated Total Renters
74% / 26%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

528 SE 5TH PLACE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

528 SE 5TH PLACE Market Data

Based on the last 30 days in this zip code

$445,276
Average List Price
$253
Average Price per Square Foot
3
Properties Sold
96
Average Days on Market
538
Properties for Sale
Calculations provided by Reliance Network

528 SE 5TH PLACE History

Date Event Value Agent
5/27/2026Source: My Florida Regional MLS Price Reduction
$520,000 -3.7%
5/12/2026Source: My Florida Regional MLS Price Reduction
$539,900 -1.8%
4/21/2026Source: My Florida Regional MLS Price Reduction
$550,000 -4.3%
4/3/2026Source: My Florida Regional MLS Price Reduction
$575,000 -4.2%
3/20/2026Source: My Florida Regional MLS Price Reduction
$600,000 -4.0%
2/26/2026Source: My Florida Regional MLS Added to Database
February 26, 2026